INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2007

Oct 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2007-10-02

Reporting Person: CHURCHILL WINSTON J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-02	Common Stock	A	2105	$0.0	Acquired	25605	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	38808	Indirect

Footnotes

F1: Stock based compensation subject to vesting in four equal installments at the end of each quarter of the fiscal year.

F2: Mr. Churchill is Chairman of the Board of CIP Capital Management, Inc. the General Partner of CIP Capital LP